| Scrip Code | 532440 |
|---|---|
| NSE Symbol | MPSLTD |
| MSEI Symbol | NOTLISTED |
| ISIN | INE943D01017 |
| Name of company | MPS LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 12-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 04-11-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 12-11-2025 08:30:00 |
| End date and time of board meeting | 12-11-2025 10:30:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 19,444.00 | 38,072.00 | |
| Other income | 228.00 | 693.00 | |
| Total income | 19,672.00 | 38,765.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 |
| (d) | Employee benefit expense | 7,957.00 | 16,161.00 |
| (e) | Finance costs | 29.00 | 57.00 |
| (f) | Depreciation, depletion and amortisation expense | 610.00 | 1,311.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 5,440.00 | 10,835.00 |
| Total other expenses | 5,440.00 | 10,835.00 | |
| Total expenses | 14,036.00 | 28,364.00 | |
| 3 | Total profit before exceptional items and tax | 5,636.00 | 10,401.00 |
| 4 | Exceptional items | 1,281.00 | 1,466.00 |
| 5 | Total profit before tax | 6,917.00 | 11,867.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,512.00 | 2,891.00 |
| 8 | Deferred tax | (139.00) | (92.00) |
| 9 | Total tax expenses | 1,373.00 | 2,799.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 5,544.00 | 9,068.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 5,544.00 | 9,068.00 |
| 17 | Other comprehensive income net of taxes | 654.00 | 629.00 |
| 18 | Total Comprehensive Income for the period | 6,198.00 | 9,697.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,711.00 | 1,711.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 32.67 | 53.45 | |
| Diluted earnings (loss) per share from continuing operations | 32.64 | 53.4 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 32.67 | 53.45 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 32.64 | 53.4 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1.These results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS notified under section 133 of the Companies Act 2013. These results have been reviewed by the Audit Committee and upon their recommendation approved by the Board of Directors at their meeting held on 12 November 2025. The Statutory auditors of the Company have carried out the limited review of the financial results for the quarter and half year ended 30 September 2025 and an unmodified review report has been issued. The same is available with Stock Exchanges and on the Company website. 2.The consolidated financial results of the Company its subsidiaries are prepared in accordance with Ind AS 110 Consolidated Financial Statements as specified under the Section 133 of the Companies Act 2013. 4.Subsequent to the quarter ended 30 September 2025 MPSi a material subsidiary of the Company has undertaken the following restructuring actions MPSi entered into a SSSHA on 10 October 2025 with Mr. Rodney Charles Beach an Australian resident and the Company. Pursuant to the terms of the SSSHA the Investor has agreed to invest INR 874 lacs through the preferential allotment of equity shares of MPSi. MPSi completed the 100% acquisition of the Liberate Group comprising Liberate Learning Pty Ltd AppeLearn Pty Ltd and Liberate eLearning Pty Ltd on 28 October 2025. Following completion the Liberate Group has become a wholly owned subsidiary of MPSi. Further Mr. Beach has assumed the role of President of Corporate learning segment. The process to exercise the balance 35% stake vide call option in Liberate group was initiated during the quarter ended 30 September 2025 in accordance with the valuation methodology set out in the transaction documents. Pursuant to this the liability of INR 1325 lacs and INR 1573 lacs respectively was written back under Exceptional Items net for the quarter and period ended 30 September 2025. Amount of INR 1573 lacs includes INR 248 lacs related to the said transaction shown under Other Income during quarter ended 30 June 2025. 5.Exceptional Items includes the restructuring cost of American Journal Experts business amounting to INR 107 lacs for the period ended 30 September 2025. 6. The Board of Directors in their meeting held on 16 May 2025 had recommended a final dividend of INR 50 per equity share face value of INR 10 per share for the financial year ended 2025. This was approved by the shareholders in the Annual General Meeting held on 29 August 2025 and was remitted to the shareholders by 06 September 2025. 7. The Board of Directors of MPS Limited approved a draft Scheme of Amalgamation on 18 July 2025 under Sections 230 and 232 of the Companies Act 2013 for the merger of ADI BPO Services Limited the Holding Company post demerger of its infrastructure management and investing business undertakings into MPS Limited. The Scheme is currently under review by the designated Stock Exchange for issuance of a NOC as per SEBI Listing Regulations. Filing with the NCLT will follow upon receipt of the NOC. 8.The standalone financial results of the Company are also available on the Company website. 9. The figures for the corresponding previous quarter or year have been regrouped or reclassified wherever necessary to make them comparable. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2025 | |
| Date of end of reporting period | 30-09-2025 | |
| Whether results are audited or unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 2,281.00 | |
| Capital work-in-progress | 0.00 | |
| Investment property | 90.00 | |
| Goodwill | 24,932.00 | |
| Other intangible assets | 7,853.00 | |
| Intangible assets under development | 0.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 0.00 | |
| Non-current financial assets | ||
| Non-current investments | 0.00 | |
| Trade receivables, non-current | ||
| Loans, non-current | 0.00 | |
| Other non-current financial assets | 240.00 | |
| Total non-current financial assets | 240.00 | |
| Deferred tax assets (net) | 3,141.00 | |
| Other non-current assets | 311.00 | |
| Total non-current assets | 38,848.00 | |
| 2 | Current assets | |
| Inventories | 0.00 | |
| Current financial asset | ||
| Current investments | 3,041.00 | |
| Trade receivables, current | 9,651.00 | |
| Cash and cash equivalents | 6,420.00 | |
| Bank balance other than cash and cash equivalents | 2,410.00 | |
| Loans, current | 1.00 | |
| Other current financial assets | 204.00 | |
| Total current financial assets | 21,727.00 | |
| Current tax assets (net) | 0.00 | |
| Other current assets | 9,834.00 | |
| Total current assets | 31,561.00 | |
| 3 | Non-current assets classified as held for sale | 0.00 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 |
| Total assets | 70,409.00 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 1,711.00 | |
| Other equity | 47,299.00 | |
| Total equity attributable to owners of parent | 49,010.00 | |
| Non controlling interest | 0.00 | |
| Total equity | 49,010.00 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 0.00 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | |
| Total Trade payable | 0.00 | |
| Other non-current financial liabilities | 679.00 | |
| Total non-current financial liabilities | 679.00 | |
| Provisions, non-current | 55.00 | |
| Deferred tax liabilities (net) | 3,481.00 | |
| Deferred government grants, Non-current | 0.00 | |
| Other non-current liabilities | 0.00 | |
| Total non-current liabilities | 4,215.00 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 0.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 105.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 3,020.00 | |
| Total Trade payable | 3,125.00 | |
| Other current financial liabilities | 2,180.00 | |
| Total current financial liabilities | 5,305.00 | |
| Other current liabilities | 10,315.00 | |
| Provisions, current | 777.00 | |
| Current tax liabilities (Net) | 787.00 | |
| Deferred government grants, Current | 0.00 | |
| Total current liabilities | 17,184.00 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0.00 |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0.00 |
| Total liabilities | 21,399.00 | |
| Total equity and liabilites | 70,409.00 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-07-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-09-2025 | 30-09-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Research Solutions | 11,958.00 | 22,842.00 | ||||
| 2 | Education Solutions | 5,282.00 | 10,444.00 | ||||
| 3 | Corporate Learning | 2,204.00 | 4,786.00 | ||||
| Total Segment Revenue | 19,444.00 | 38,072.00 | |||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | 19,444.00 | 38,072.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Research Solutions | 4,673.00 | 8,293.00 | ||||
| 2 | Education Solutions | 2,139.00 | 3,903.00 | ||||
| 3 | Corporate Learning | 141.00 | 390.00 | ||||
| Total Profit before tax | 6,953.00 | 12,586.00 | |||||
| i. Finance cost | 29.00 | 57.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 7.00 | 662.00 | |||||
| Profit before tax | 6,917.00 | 11,867.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Research Solutions | 0.00 | 0.00 | ||||
| 2 | Education Solutions | 0.00 | 0.00 | ||||
| 3 | Corporate Learning | 0.00 | 0.00 | ||||
| Total Segment Asset | 0.00 | 0.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Research Solutions | 0.00 | 0.00 | ||||
| 2 | Education Solutions | 0.00 | 0.00 | ||||
| 3 | Corporate Learning | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 0.00 | 0.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | 3a Based on the management approach as defined in Ind AS 108 Operating Segments the Chief Operating Decision Maker evaluates the Group performance and allocates resources based on an analysis of various performance indicators by business segments. The accounting principles used in the preparation of the financial results are consistently applied to record revenue and expenditure in individual segments. 3b Assets and liabilities used in the Group business are not identified to any of the reportable segments as these are used interchangeably between segments and the management believes that it is not practicable to provide segment disclosures relating to total assets and liabilities. |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Re-measurement of gain/(loss) on defined benefit plans | 1000000 | -8900000 |
| Total Amount of items that will not be reclassified to profit and loss | 10.00 | (89.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 3.00 | (22.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange differences on translation of foreign operations | 64700000 | 69600000 |
| Total Amount of items that will be reclassified to profit and loss | 647.00 | 696.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 654.00 | 629.00 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 30-09-2025 | ||||
| C | Whether results are audited or unaudited | Unaudited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 11,867.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 57.00 | |||||
| Adjustments for decrease (increase) in inventories | 0.00 | |||||
| Adjustments for decrease (increase) in trade receivables, current | 2,206.00 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (1,089.00) | |||||
| Adjustments for decrease (increase) in other non-current assets | 71.00 | |||||
| Adjustments for other financial assets, non-current | 0.00 | |||||
| Adjustments for other financial assets, current | (38.00) | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | 886.00 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | (494.00) | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 1,311.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | (31.00) | |||||
| Adjustments for provisions, non-current | 0.00 | |||||
| Adjustments for other financial liabilities, current | (445.00) | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | 219.00 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 57.00 | |||||
| Adjustments for share-based payments | 64.00 | |||||
| Adjustments for fair value losses (gains) | 0.00 | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | (212.00) | |||||
| Other adjustments to reconcile profit (loss) | 0.00 | |||||
| Other adjustments for non-cash items | (1,601.00) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 847.00 | |||||
| Net cash flows from (used in) operations | 12,714.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 2,237.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 10,477.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 0.00 | |||||
| Purchase of property, plant and equipment | 381.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 13.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 32.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 42.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (1,217.00) | |||||
| Net cash flows from (used in) investing activities | (1,601.00) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 0.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 0.00 | |||||
| Repayments of borrowings | 0.00 | |||||
| Payments of lease liabilities | 155.00 | |||||
| Dividends paid | 8,642.00 | |||||
| Interest paid | 57.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 47.00 | |||||
| Net cash flows from (used in) financing activities | (8,807.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 69.00 | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 10.00 | |||||
| Net increase (decrease) in cash and cash equivalents | 79.00 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 6,341.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 6,420.00 | |||||